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Legal Notice: Notice of Public Hearing – Residential Rental Housing Projects

NOTICE OF PUBLIC HEARING CONCERNING ISSUANCE OF BONDS OR OTHER OBLIGATIONS TO FINANCE RESIDENTIAL RENTAL HOUSING PROJECTS

Notice is hereby given that the Community Development Administration (the “Administration”), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development (the “Department”), will conduct a public hearing at 1:00 p.m. on Tuesday, April 16, 2019, in room 364 of the Department, which is located at 7800 Harkins Road, Lanham, Maryland 20706. The public hearing will concern the plan of financing, including the loans funded from the proceeds of private activity bonds issued by the Administration and/or the State of Maryland (the “State”) acting through its Board of Public Works, for financing the acquisition, construction, renovation, rehabilitation or other costs of the multifamily residential rental housing projects listed below (the “Projects”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Projects as set forth below (or refunding of any obligation by other obligations in amounts up to such maximum aggregate principal amount). Additional information relating to the bonds to be issued and each Project is available by writing Diane Melton at the above address or calling 301-429-7710.

Notice: After April 1, 2019, all notices of public hearings concerning the issuance of bonds or other obligations to finance residential rental housing projects made pursuant to the requirement of the Tax Equity and Fiscal Responsibility Act of 1982, only will appear on the Department’s website, which may be accessed at http://dhcd.maryland.gov

Name Of Project Number Units in Project Prospective Location by Street Address Initial owner, operator, or manager or an affiliate thereof or successor thereto Maximum Aggregate Amount of obligations to be issued
Willows at Windsor Village
and
Birchwood on Main
100 300-352 Friendship Road
and
150 East Main Street
Elkton, MD 21921 (Cecil County)
MBID of Delaware, LLC $13,500,000
Ox Fibre Brush Factory 83 400 E. Church Street
Frederick MD 21701 (Frederick County)
Hook Properties $13,000,000
Bon Secours Apartments 119 1801, 1802, 1804, 1807, 1808, 1810-1817, 1819-1822, 1824, 1825, 1827, 1836, 1837, 1839, 1840, 1842-1846, 1848, 1850, 1900, 1904, 1908, 1910, 1913, 1914, 1916-1920, 1926, 1932, 1933, 1935, 1937, 1941, 2009, 2011, 2013, 2017, 2019, 2025 & 2138 W. Baltimore Street
and
1-5 S. Fulton Street
Baltimore, MD 21223 (Baltimore City)
Unity Properties, Inc. $2,300,000
525 Aisquith Apartments 128 525 North Aisquith Avenue
Baltimore, MD 21202 (Baltimore City)
Mission First Development Corporation $18,000,000
Springford Gardens Apartments 38 2-39 Whitehall Circle
Elkton, MD 21921 (Cecil County)
Green Street Housing, LLC $8,000,000
School House Apartments 31 4-56 (even) & 5-11 (odd) Old School House Road
Port Deposit, MD 21904 (Cecil County)
Green Street Housing, LLC $8,000,000
Ivy Hills Apartments 37 100-122 & 124-140 (even) Ohio Street
Havre De Grace, MD 21078 (Harford County)
Ivy Hills Partnership, LLC $8,000,000

All interested parties are invited to submit written comments or present oral comments at the public hearing regarding the issuance of bonds, notes, or other obligations of the Administration and/or the State for the Projects being financed. Written comments or notice of intent to present oral comments should be received by the Administration on or before, April 15, 2019 and should be submitted to Diane Melton, Housing Development Programs, 7800 Harkins Road, Lanham, Maryland 20706 or diane.melton@maryland.gov. Oral comments will be limited to presentations of no more than five (5) minutes per person.

Notice: After April 1, 2019, all notices of public hearings concerning the issuance of bonds or other obligations to finance residential rental housing projects made pursuant to the requirement of the Tax Equity and Fiscal Responsibility Act of 1982, only will appear on the Department’s website, which may be accessed at http://dhcd.maryland.gov